Selling a Business in California

Selling a business after years of work can be extremely profitable. Many businesses are created with the hopes that they will one day be acquired by a larger firm. The sale can be complicated, however. There are Federal and California laws concerning mergers, acquisitions, negotiations and securities exchanges that must be followed.

How Do I Sell a Business?

To sell a business there must be an offer, whether it is solicited or not. Purchase agents in Atwater not only help to secure an offer, but also lends advice about which offers are worthwhile to consider. Preparing financial records to comply with California and Federal law is essential and will help determine the proper value for the rights you are selling. As an agreement for the purchase is reached, usually a formal contract will be written. It is important to review such documents before they are signed so that all aspects of the agreement are presented properly.

What Will I Give Up in the Business?

The sale of a business is simply the transfer of a right known as "control". The party with control of a business directs its operations and can use the business property as it sees fit. Since buyers in Atwater are generally concerned with acquiring control, they may be willing to allow other rights, such as the right to future earnings, to remain with the seller in exchange for the cheapest price on the right of control. The wide variety of concerns that buyers may have make the negotiations process particularly vital. It's important at the outset for each party to make plain their intentions and concerns.

5*****Julian C.
by
Tarsha L. ,
02/02/2015This Attorney and I will continue to work together. His advice and demeanor are priceless. He wants to ensure the client understands what is being explained before he ends a conversation. He promptly responded as he was the first Attorney to contact me! I already know that in the very near future we will continue to work together!

5*****Julian C.
by
Carisa C. ,
11/11/2011We certainly enjoyed Julian's straight-forward, responsive approach to doing business. All parties within our organization were very happy with Julian's services. He performed his duties expediantly, and within budget. We will seek his expertise again as needed.

5*****Julian C.
by
David B. ,
02/05/2010Julian was quick to respond to my inquiry on Legal Match and called me right away to find out more about the services I needed. He spent about 30 minutes on the phone with me at no cost to fully understand my needs and the business needs as well as explain his background.
Julian is a perfect fit for the services my business needs, so I decided to retain his services. He has been very responsive to every email and call and VERY efficient. He continually gives me updates about what he's working on, the status of the work, next steps, and time spent so far and what to expect next so there are no suprises. He is also very good at explaining everything in terms I can understand.
I am continuing to work with him on our business needs and will continue to work with him going forward as our business grows. I highly reccommend Julian.

5*****Julian C.
by
Cathy B. ,
11/04/2007Mr. C. responded promptly, and reviewed my contract quickly but thoroughly. He patiently answered all my questions. I would be happy to use his services again in the future, and will readily recommend him to others.

5*****Julian C.
by
Loretta R. ,
03/18/2007We have already had this Stock Purchase Agreement written up by two previous lawyers. Both did not listen to our unique circumstances and took 9 to 12 months to write documents that did not reflect our specific intentions. Mr. C. not only understood our needs, but his usual response time was less that 24 hours. We handled most of the correspondence by e-mail which saved his time and our money. He had many suggestions which improved the document and looked out for all parties involved. Due to his thoroughness, we took a few extra weeks to review his ideas with the buyer and seller and we still received a final document from Mr. C. in less than two months. I would definitely recommend Julian C. as an attorney. He is knowledgeable, efficient, and extremely timely.

5*****Julian C.
by
Marissa B. ,
01/12/2006Thank you LegalMatch.com! Mr. Julian C. was extremely knowledgeable and a joy to speak with. He offered great feedback and gave me invaluable information to assist me with my start up business. I would highly recommend Mr. C. to any of your users. Once again, thank you for your professionalism and quick response.
Regards,
Marissa Barraza

5*****Julian C.
by
N S. ,
01/12/2006I signed up for LegalMatch expecting to be contacted by a lawyer like the cheap-suited lawyer characters on The Simpsons. Instead, I got lucky and Julian C. responded to my ad within hours. I checked his resume and researched him online, and was frankly blown away by his qualifications. He didn't disappoint me. By the end of the next day, he had written a contract exactly to the specifications i needed.
To get such great work from such a nice, honest guy on such a deadline was a godsend. I'll definitely be working with him in the future. So thanks Legalmatch...and thanks Julian.
P. S. I'd be frankly surprised if you didn't agree with this evaluation after working with him. Just don't take up all his time, because I'm still going to need him!

5*****Julian C.
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Nick D. ,
01/12/2006I explained to Mr. C. that I was very unknowledgeable when it comes to operating a small business and had many questions involving the actions I needed to take. He went above the guarenteed promise. He spoke to me in a way that I understood the necessary information important for my business' longevity. He contacted me immediately and I was able to set up an appointment the next day. After two hours, I felt he had set me on the right track. His professionalism speaks for itself. After meeting with him, I am very pleased with my investment. He has the best interest in mind for my growth and success. He is also very well spoken and efficent. I plan to do business with him continually and would recommend him to others. He does an excellent job of conveying his thoughts in a personable way and did not waste a minute of my time. I now consider him a part of my business family.

4****Julian C.
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Flora P. ,
12/15/2008Mr.C. was a pleasure to work with.

4****Julian C.
by
Mary E. ,
09/08/2008I think Mr. J. C. was friendly but professinal in our meeting and spent ample time understanding my needs in creating a contract for independent contractors do work for me. I am pleased with his work. I think his fee is reasonable.

4****Julian C.
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Richard J. ,
03/07/2007Julian was a great resource and provided me with some valuable ideas to improve the contract that I was negotiating.